Time Inc misses revenue estimates, unveils new cost cuts
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Time (TIME) Declares $0.04 Quarterly Dividend; 1.2% Yield
August 8, 2017 6:20 AM EDTTime (NYSE: TIME) declared a quarterly dividend of $0.04 per share, or $0.16 annualized.
The dividend will be payable on September 15, 2017, to stockholders of record on August 31, 2017, with an ex-dividend date of August 29, 2017.
The annual yield on the dividend is 1.2 percent.
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